Fleet of the future

When Evgeny Barkov owned a car, the 31-year-old software salesman would often look out of his Moscow window at it with disgust. His possession sat unused more than 90 percent of time, while sucking up money and causing him anxiety that it might break down. He finally took out a calculator, added up all the costs and determined he was better off selling his gray Peugeot and switching completely to car-sharing services such as Yandex. Drive, which offers cars ranging from basic Kia models to flashy Porsches. "That investment brought me nothing but trouble," said Barkov as he wound through Moscow's snowy streets in a white Skoda sedan with a bright yellow stripe on the side and Yandex's software on the dashboard console. "Now, I'm just paying for using."The venture -- set up last year by a local internet company -- flooded the Russian capital with more than 7,000 cars to rent for as little as 5 rubles (8 cents) per minute, including fuel, maintenance and parking. That compares to 41 … [Read more...] about Russia offers a glimpse of the future of car sharing, and carmakers should be terrified

Nick Bastone, provided by Published 5:46 pm CST, Monday, January 14, 2019 Intel Intel veteran Aicha Evans has been named the new CEO of the self-driving car company Zoox, according to the company on Monday. Evans will assume her new role as Zoox's CEO on February 26. Evans comes from a 12-year career at Intel, where she was serving as Chief Strategy Officer. The company has 700 current employees and is valued at $3.2 billion after a $500 million funding round in July. Evans replaces former Zoox CEO and co-founder Tim Kentley-Klay, who left the company last year under mysterious circumstances. Intel veteran Aicha Evans has been named the new CEO of the self-driving car company Zoox, the company announced on Monday. Evans spent 12 years at Intel, most recently as its chief strategy officer. Zoox — a Foster City, California based startup founded in 2014 — is building both self-driving software and its own vehicle with the … [Read more...] about A 12-year Intel veteran will become the new CEO of the self-driving car company Zoox, which lost its previous leader under mysterious circumstances (INTC)

Intel veteran Aicha Evans has been named the new CEO of the self-driving car company Zoox, according to the company on Monday. Evans will assume her new role as Zoox’s CEO on February 26. Evans comes from a 12-year career at Intel, where she was serving as Chief Strategy Officer. The company has 700 current employees and is valued at $US3.2 billion after a $US500 million funding round in July. Evans replaces former Zoox CEO and co-founder Tim Kentley-Klay, who left the company last year under mysterious circumstances. Intel veteran Aicha Evans has been named the new CEO of the self-driving car company Zoox, the company announced on Monday. Evans spent 12 years at Intel, most recently as its chief strategy officer. Zoox – a Foster City, California based startup founded in 2014 – is building both self-driving software and its own vehicle with the vision of creating fully autonomous, zero-emission fleet focused on ridesharing in cities. Zoox has 700 current … [Read more...] about A 12-year Intel veteran will become the new CEO of the self-driving car company Zoox, which lost its previous leader under mysterious circumstances

Aria Bendix, provided by Published 1:26 pm CST, Thursday, January 10, 2019 Rafael Castillo/Flickr San Francisco's Bay Area Rapid Transit system is introducing hundreds of new train cars in hopes of improving service. As the new cars arrive, the agency will soon run out of room to store the old ones. BART plans to entertain a suggestion to convert the old train cars into much-needed housing. Public transit is undergoing a major overhaul in San Francisco. The city's Bay Area Rapid Transit (BART) system recently unveiled a multibillion-dollar plan to build the "Fleet of the Future," a series of high-tech train cars that promise a "quieter, cooler, and more comfortable ride." In November, BART placed an order for more than 700 new cars, with the agency setting aside funds for up to 1,200. Starting in spring 2019, the agency expects to have ten new cars delivered each month. Read more: A $2 billion transit center in San Francisco shut down just months after it opened. … [Read more...] about San Francisco is adding so many new train cars, it’s considering turning the old ones into housing

With its glossy black finish, five-person cabin and six huge fan pods, the Bell Nexus looks like it belongs on the set of a science fiction film, rather than the South Hall of the Las Vegas Convention Center. But it's just one of the many unusual displays at this year's Consumer Electronics Show focused on the world of transportation rather than the TVs, smartphones and digital appliances traditionally found at CES. The auto industry is in the midst of change as radical as anything it has faced since Henry Ford switched on the first moving assembly line more than a century ago. Ford, General Motors, Toyota and Volkswagen now refer to themselves as "mobility service" companies rather than just automotive manufacturers, and that's readily apparent as one wanders through the Convention Center. Not everyone thinks the solution requires turning to drones like the Nexus, but the exhibits this year show the role that digital technology — everything from laser sensors to electric drive … [Read more...] about CES Is Now One of the World’s Biggest Auto Shows as Ford to Uber Debut New Technology